XML 38 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Major Customers
12 Months Ended
Dec. 31, 2016
Risks and Uncertainties [Abstract]  
Major Customers

17. Major Customers


There are concentrations of credit risk with respect to accounts receivables due to the amounts owed by three customers at December 31, 2016 whose balances each represented approximately 50%, 18%, and 13%, for a total of 81% of total accounts receivables.  There are concentrations of credit risk with respect to accounts receivables due to the amounts owed by two customers at December 31, 2015 whose balances each represented approximately 47%, and 32%, for a total of 79% of total accounts receivables.  During the year ended December 31, 2016 sales from three customers represented 24%, 18% and 15% for a total of 57% of sales.  During the year ended December 31, 2015 sales from two customers represented 44%, and 12% for a total of 56% of sales. The loss of business from one or a combination of the Company’s significant customers, or an unexpected deterioration in their financial condition, could adversely affect the Company’s operations.